American Eagle Airlines has reported February 2009 traffic figures for its own operations and those of its wholly-owned subsidiary, Executive Airlines.
American Eagle itself reported a February load factor of 66.6% down 3.5 percentage points (pp) compared to the same period last year (70.1%). Traffic in revenue passenger miles (RPMs) decreased by 14.0% year-over-year to 485,072,000 from 564,084,000, while capacity for the respective periods, measured in available seat miles (ASMs), decreased by 9.4% to 728,597,000 from 804,443,000. The carrier boarded 1,079,391 passengers in February this year, down 14.5% from last year's 1,262,178.
Executive Airlines reported traffic (RPMs) of 36,955,000, down 15.2% from February 2008's 43,600,000, with capacity (ASMs) decreasing year-over-year by 5.6% to 71,923,000 from 76,165,000. The airline's load factor dropped by 5.9 pp to 51.4% from 57.2%, with passengers for carried dropping to 185,573 in February 2009 from 203,725 in February 2008, an 8.9% decrease.
The DoD has changed its structures and is been increasing efforts to facilitate access to loans by companies interested in working with artificial intelligence, advanced materials and semiconductors, biotechnology and quantum science.
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
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